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You want to have $100,000 saved 10 years from now to buy a house. How much less do you have to deposit today to reach

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You want to have $100,000 saved 10 years from now to buy a house. How much less do you have to deposit today to reach this goal if you can earn 10.0 percent rather than 6.0 percent on your savings? Today's deposit is the only deposit you will make to this savings account. $17,285.15 $21,452.33 $19,721.36 $18,238.14 $22,258.67 Question 8 (2.5 points) Fifty years ago, your mother invested $10,000. Today, that investment is worth $1,000,000.00. What is the average annual rate of return she earned on this investment? 10.28 percent 11.22 percent 7.87 percent 9.65 percent 8.79 percent

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